In the late 1920s the European demand for agricultural and manufacturing goods from the US was declining.
The characterization of mercantilism as a "set of practices" demonstrates the absence of a preconceived plan for the economic policy of European countries that, between the 16th and 18th centuries, disputed slices of American territory to keep them in the condition of colonies. During this period, in Europe, the wealth available in the world was thought of as something that could not be expanded, and therefore the absolutist states strove to secure for themselves as much of this supposedly limited wealth as possible. Gold and silver, circulating in the form of coins or locked in the coffers of kings were understood as their translation, hence the true search fever of the so-called metals
In much of the territory formerly occupied by the Antigonid Kingdom, modern states of Turkey, Syria, and a small part of modern Greece emerged. This area was where Macedonia was, being a Hellenistic dynasty, takes its name by Antígono, who in the distribution of the kingdom of Alexander the Great, after his death, Antígono was named the ruler of Macedonia (fatherland of the family of Alexander the Great and of many of his generals) and the said kingdom. The Antigonid Kingdom, almost occupied the entire territory of present-day Turkey, which means that the Ottoman Empire was the most important state (1299-1923) or kingdom that succeeded it.